H100 Group bitcoin holdings
Tripled its treasury by buying two Norwegian companies with shares rather than cash, in what was billed as the first bitcoin for bitcoin public takeover.
Key figures
- Bitcoin held
- 3,506 BTC
- As of
- 2026-08-10
- Rank
- 26 of 165
- Value at current price
- $221.4M
- Share of 21 million
- 0.02%
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We have one dated figure for H100 Group so far, shown in the table below, and the table says where it came from. A chart needs at least two dated points, and we would rather show nothing than draw a trend through a single figure. This fills in as the company publishes, or as we backfill its earlier announcements.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-08-10 | Bought | 3,506 | Acquired Moonshot and Never Say Die, holding about 2,455 BTC between them, for 790.5 million new shares. Treasury rose from 1,051 to 3,506 BTC. | theblock.co |
About H100 Group
H100 Group is a Swedish health technology company that became a bitcoin treasury, backed by Blockstream's Adam Back, and on 10 August 2026 it did something no listed company had done before: it acquired two Norwegian businesses, Moonshot and Never Say Die, whose main assets were roughly 2,455 coins.
No cash changed hands. H100 issued 790.5 million new shares at 1.86 Swedish kronor, valuing the transaction at about 1.47 billion kronor, and diluted existing shareholders by roughly 70 percent. Its treasury went from 1,051 coins to 3,506, a jump of about 234 percent, which made it the second largest listed holder in Europe behind Bitcoin Group SE.
The structure is the point. Paying for bitcoin with equity at a premium is the mechanism the whole sector runs on, and buying an entire company to get its coins is that mechanism taken to its logical end. Whether it worked for existing holders depends entirely on whether 70 percent dilution bought more bitcoin per share than they gave up.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.